Q. a) Describe the two (2) following methods to control inflation: i. Monetary Policy. (5 marks) ii. Fiscal Policy. (5 marks) b) Explain the difference between macroeconomics and microeconomics. (10 Read More …
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GOV Intervention in stabilizing economy, Domestic vs International Trade Q2
Q. a) Explain the mechanism of government intervention in stabilizing the economy. (10 marks) b) Describe the difference between Domestic Trade and International Trade. (10 marks) (20 marks, 2019 Q2) Read More …
Demand-pull v Cost-push Inflation and Monopoly & Oligopoly Q3
Q. a) Explain the following causes of inflation. i. Demand-pull inflation. (5 marks) ii. Cost-push inflation. (5 marks) b) Explain the following terms in the context of market structure. i. Read More …
Deflation v Inflation and Gov Intervention lowering price of goods Q4
Q. a) Explain the difference between deflation and inflation. (10 marks) b) “Government intervention in the economy can lower the price of goods”. Explain. (10 marks) (20 marks, 2019 Q4) Read More …
Free economic system v central planned economic system Q5
Q. Describe four (4) characteristics that differentiate free economic system and central planned economic system. (20 marks, 2019 Q5) A. Similar question was asked in: 2013 Q1b 2015 Q1b 2018 Read More …
Firm v Industry and Equilibrium position short-run v long-run Q6
Q. a) Explain the difference between firm and industry. (10 marks) b) Show the equilibrium position of a firm and industry under perfect competition in short-run and long-run. (10 marks) Read More …
Types & Function of Money and Current vs Saving Deposits Q7
Q. a) Describe the different types of money and its functions. (10 marks) b) Explain the difference between Current Deposits and Saving Deposits. (10 marks) (20 marks, 2019 Q7) A. Read More …
Role of Central Bank Malaysia Q8
Q. Describe four (4) main roles of the Central Bank of Malaysia. (20 marks, 2019 Q8) A. Similar question was asked in: 2017 Q3b 2011 Q7b Although the question specified Read More …
Flyers & Disciplinary action against a REA Q1
Q. a) Define flyers and its contents as stated in the definition under Malaysian Estate Agency Standard (MEAS). (15 marks) b) Describe the disciplinary actions that may be taken against Read More …
Formation of Estate Agency Firm Q2
Q. Rohaidah is a newly registered real estate agent under the Board of Valuers, Appraisers, Estate Agents and Property Managers and has been working with ABC Realty Estate Agents for Read More …
EAP definition as in MEAS & Types of agency appointment Q3
Q. a) Define Estate Agency Practice as stated in the Malaysian Estate Agency Standard (MEAS). (5 marks) b) There are various types of estate agency appointments between vendors and real Read More …
Various terms used in tenancy & responsibility of landlord Q4
Q. a) Explain the following: i. Rent ii. Utility deposit iii. Notice to quit iv. Security deposit v. Advance rental (15 marks) b) Explain five (5) common responsibilities of the Read More …
Various terms, misrepresentation misleading etc Q5
Q. Clarify the following: i. Misrepresentation ii. Misleading iii. Co-Agency iv. Real Estate Negotiator (REN) v. Proper office (25 marks, 2019 Q5) A. i) Misrepresentation Definition of “Misrepresentation” in MEAS2020 Read More …
Code of Conduct & Approved area of training for PEA Q6
Q. a) Explain five (5) codes of conduct and ethics applicable to estate agents. (10 marks) b) Probationary estate agents should undergo continuous professional training. Describe three (3) areas of Read More …
Client’s account and duties & responsibility of REA in keeping client’s a/c Q7
Q. a) Define “Client’s Account”. (5 marks) b) Clarify ten (10) registered estate agent’s duties and responsibilities in respect of the Client’s Account. (20 marks) (25 marks, 2019 Q7) A. Read More …
Fiduciary duty and Rules 1986 for failing to act professionally Q1
Q. a) The relationship between a real estate agent and a client is called a fiduciary relationship. Briefly describe five (5) fiduciary duties a real estate agent owes his/her client. Read More …
Soliciting for business Q2
Q.With examples, compare and contrast between soliciting for business and marketing of estate agency service. (20 marks, 2019 Q2) A. Similar question was asked in: 2016 Q52015 Q1 Marketing versus Read More …
Fee Schedule and Eviction of tenant Q3
Q.a) State the scale of estate agency fee for the following: i. Sale of Land and Building (3 marks) ii. Lettings (6 marks) iii. Rent Reviews (1 mark) b) When Read More …
Pre Contract SPA stage and role of EA and Solicitor Q4
Q. a) The process of selling and buying property in Malaysia can be illustrated through 3 stages ie. pre contract, contract and post contract stage. Explain five (5) activities in Read More …
Private treaty vs Tender Q5
Q. a) Private treaty sale is a method commonly used in the sale and purchase of property. Explain three (3) advantages and disadvantages of this method to the Registered Estate Read More …